Short Position Report

Short positions outstanding on July 31, 2014 (with changes from July 15, 2014).

TSX Short Positions                
                 
Largest Short Positions                
                 
Security Ticker Total Short Change          
Lundin Mining  LUN 56462980 -28230          
Kinross  K 37521199 17393070          
New Gold  NGD 31044604 252549          
PotashCorp  POT 25614663 14729289          
B2gold  BTO 22483248 1335758          
Detour Gold  DGC 22098041 -864351          
Torex Gold  TXG 19918831 6553271          
Tahoe Res.  THO 18383456 -69633          
Teck   TCK.B 14791182 3628344          
Yamana  YRI 13040190 770373          
Argonaut Gold  AR 12321451 404209          
Cameco  CCO 12231251 4969217          
Thompson Creek  TCM 12009980 -86108          
Barrick Gold ABX 11972760 -11210993          
First Majestic Sil.  FR 10776663 108846          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Kinross K 37521199 17393070          
PotashCorp POT 25614663 14729289          
Torex Gold TXG 19918831 6553271          
Cameco CCO 12231251 4969217          
Teck   TCK.B 14791182 3628344          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Barrick Gold ABX 11972760 -11210993          
Hudbay Min.  HBM 4849610 -4266079          
Eldorado Gold  ELD 5371311 -3345658          
Dundee Precious Mtls  DPM 10065494 -2116717          
Pretium Res.  PVG 1044792 -1712886          
                 
TSX Venture Short Positions                
Largest Short Positions                
                 
Security Ticker Total Short Change          
Aurcana  AUN 1333672 165571          
Azincourt Uran.  AAZ 945900 911900          
Fission Uran.  FCU 740257 46857          
Pure Gold Min.  PGM 507500 507500          
Robex Res.  RBX 477000 128000          
Zenyatta  ZEN 455209 39492          
Nemaska Lit.  NMX 397000 -7500          
Arianne Phos.  DAN 390800 -26400          
Glen Eagle Res.  GER 372500 372500          
Superior Copper  SPC 303100 -91000          
Makena Res.  MKN 300000 300000          
Kaminak Gold  KAM 294431 -781769          
West African Res. WAF 279500 279500          
Aftermath Sil.  AAG 269800 269800          
Mason Graphite  LLG 261500 156500          
                 
Largest Increase in Short Position                
                 
Security Ticker Total Short Change          
Azincourt Uran. AAZ 945900 911900          
Pure Gold Min. PGM 507500 507500          
Glen Eagle Res. GER 372500 372500          
Makena Res. MKN 300000 300000          
West African Res.  WAF 279500 279500          
                 
Largest Decrease in Short Position                
                 
Security Ticker Total Short Change          
Commerce Res. CCE 0 -1175000          
Atac Res. ATC 37048 -921152          
Kaminak Gold  KAM 294431 -781769          
Mindoro  MIO 0 -661100          
Lamelee Iron Ore LIR 0 -468500          
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